PainPal
Updated
Trade the range until it breaks. We appear to be bouncing endlessly between $50-70. A nice retrace to the golden pocket, a good reaction and hence trade activated. Tight stop loss just in case the trade fails.
This is not financial advice, if you don’t like the idea then find something better to do with your life instead of trolling the comments
This is not financial advice, if you don’t like the idea then find something better to do with your life instead of trolling the comments
Trade active
Entered at $57.23, exactly at the VAL, 0.66 Fibonacci and Daily Horizontal level. High probably trade, moved my stop loss at break even, so I will let this ride until i'm stopped out. I'm targeting the strong resistance at $68 as take profit 1.Early indications are positive, the chart is closing a bullish hammer reversal candle on the daily.
Trade closed manually
Closed out at just above break even. Weak reaction to the upside
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